Tap Protocol Taps Into $4.2 Million Funding to Revolutionize Bitcoin Development Platform
Tap Protocol The Bitcoin Development Platform, Securing $4.2 Million in FundingBitcoin’s Tap Protocol Raises $4 Million, Promises “Big” News
Source: trac.network
In a world where money talks, Bitcoin’s Tap Protocol is making a loud statement. The ordinals-based development platform recently announced that it has successfully raised over $4 million in a round of funding that was so oversubscribed, it left investors clamoring for more. With a tweet dripping with jubilation, Tap Protocol exclaimed, “We are happy to announce our successful fund raise of $4.2m which was oversubscribed by $13m+.” Talk about hitting the jackpot!
Leading the charge into this financial frenzy is Sora Ventures, backed by a supporting cast that includes Rw3, Cypher Capital, and Kosmos Ventures. Even executives at Animoca Brands and Quantstamp couldn’t resist diving into the pool of investment opportunities.
Speaking of pools, Tap Protocol is making waves in the ocean of blockchain possibilities. As the parent company of Trac Systems, a German-based company, Tap Protocol plans to use the funds to unleash Bitcoin’s full potential as a developer platform. It’s like turning a simple bicycle into a turbocharged motorcycle capable of tokenization, gamification, and even entering the exciting world of DeFi.
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Benny the Dev, CEO of Trac Systems, expressed his enthusiasm for the future: “Now that the fundraise has successfully closed, Trac Systems is well-positioned to develop on top of Bitcoin and utilize it as a platform for tokenization, gamification, and DeFi.” With such an ambitious vision, they’re about to make Bitcoin the superhero of the digital asset universe.
But wait, there’s more! Tap Protocol promises to deliver more “big announcements” in the coming days and weeks. It’s like a suspenseful movie trailer, leaving us eagerly anticipating what’s about to unfold.
The story doesn’t end here. Trac Systems is on a mission to return us to the golden era of decentralization. They aim to conquer the centralized nature of existing trackers in the crypto world, aligning with Bitcoin’s true decentralized spirit. By providing a decentralized network, Trac Systems empowers anyone to connect, utilize, and earn from it. It’s like a rebel rallying cry against the establishment.
Trac Systems has an impressive lineup of products to make it all happen, including Trac Core, Tap Protocol, and Pipe. TAP, their shining star, is an OrdFi-enabling protocol designed to find and track ordinals. It not only ensures the security of development on the Bitcoin blockchain but also has already onboarded over 50,000 users. That’s a whole lot of people ready to ride the Bitcoin wave.
So, my fellow digital asset enthusiasts, strap on your seatbelts and get ready for the rollercoaster ride that Bitcoin’s Tap Protocol is about to take us on. The future is bright, and the possibilities are endless. As the famous saying goes, “Fortune favors the brave.” Let’s ride the Bitcoin wave and make history together!
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What are your thoughts on Bitcoin’s Tap Protocol and its ambitious plans? Share your excitement in the comments below and let’s dive into the future of decentralized finance together!
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